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Currie steps in as Ascot CEO amid leadership shakeup

Jim Currie has substantial experience in leading construction and development projects. Ascot is developing the Premier gold project.

Jim Currie has substantial experience in leading construction and development projects. Ascot is developing the Premier gold project.

15th January 2025

By: Creamer Media Reporter

     

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Toronto-listed Ascot Resources has announced significant leadership changes, including the appointment of seasoned mining executive Jim Currie as CEO. Currie succeeds Derek White, who resigned following “collaborative planning with the board”, the company said on Wednesday.

Currie brings extensive industry experience, having served as COO for several TSX- and NYSE-listed companies, including Equinox Gold, Pretium Resources, and New Gold. He is credited with leading construction and development projects such as Equinox’s Arizona and Castle Mountain mines, Pretium’s Brucejack gold asset, and New Gold’s New Afton gold mine.

“I am excited to join the Ascot team and lead the next phase of the Premier project. This is a pivotal moment for the company, and I look forward to leveraging my experience to drive the transition of the project to commercial production and create value for the shareholders,” commented Currie.

Currie will also take on the role of interim COO while the company searches for a permanent replacement, as current COO John Kiernan retires to pursue consulting opportunities.

Adding to the shakeup, general manager Bryant Schwengler has stepped down to pursue other opportunities and spend more time with his family.

The board extended its gratitude to White, Kiernan, and Schwengler for their contributions to the Premier project.

In addition to Currie’s appointment, Ascot has welcomed Coille Van Alphen to its board of directors, effective January 14. Van Alphen, a portfolio manager for Equinox Partners—a major shareholder in Ascot—brings a wealth of financial expertise to the board.

The company has also appointed Diana Mark of Greystone Corporate Services as corporate secretary.

Edited by Creamer Media Reporter

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